228 Central Ave
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Jan 23, 2022 | Listed by Movementum Realty, LLC | $1,150,000 | |
| Listed by Movementum Realty, LLC | |||
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Ocean Front - Humarock - Private Beach - Captivating Central Ave Cape !! Decks and Balconies, Open concept with 3 floors of living space. Ample parking for entertaining. Recently refinished beautiful hardwood flooring throughout, expansive wood burning Fireplaced Living Room. Mostly newer Pella Windows and Doors ! Well maintained, with $50,000 Revetment for ocean-side safety. Very low, transferrable Fema flood insurance policy. Put your feet in the sand, or recline on the numerous decks on either the Ocean side or the River side for spell-bounding entertaining views of river boat traffic or diverse ocean scenery !! One-Car Garage under for storage. Don't miss out, with a few remaining upgrades you'll have the Beach-House of your dreams to make countless memories !!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017